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Fasdal: Russia, risk and the return of the bond market

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Saxo's Head of Fixed Income, Simon Fasdal, has previoulsy encouraged investors to look at Russia. He's just returned from a visit there and says that the three main risks - low oil price, sanctions and the troubled rouble - are still evident. In fact, he says Russian GDP forecasts for 2015 are down 4%.

However, Fasdal still believes there are many reasons to consider investing in the country. He believes the yield levels on bonds entered a high degree of risk premium and that some of that risk was unjustified.

One corporate bond that's attracted Simon's attention is Gasprom 2022 and he explains why.